Sunil Singhania-owned Abakkus Fund trimmed stake in six listed companies during the June quarter, while its name did not appear in the shareholding pattern of three others, according to data analysed by Moneycontrol, implying either full exit or stake falling below the one percent disclosure threshold.
The fund marginally reduced its holdings in Stylam Industries, Carysil, Jubilant Pharmova, Ion Exchange India, Anup Engineering and J Kumar Infraprojects, with an estimated value of the stake sold across six companies at around Rs 25 crore.
Abakkus Fund’s name was absent from the shareholding disclosures of ADF Foods, Mastek and Ethos. However, it is unclear if the fund fully-exited these positions or if the holdings simply fell below the statutory one percent disclosure threshold. As per regulations, companies are required to disclose names of promoters and individuals holding at least 1 percent of their shares. As of June 2025, these positions were valued at around Rs 240 crore.
Among Abakkus Fund’s top 10 holdings, IIFL Securities leads the list with 77.5 lakh shares valued at Rs 230 crore, followed by Sarda Energy & Minerals and Jubilant Pharmova, where the fund holds 51.06 lakh and 18.34 lakh shares, respectively - each worth Rs 220 crore.
Other prominent holdings include The Anup Engineering (Rs 180 crore), Technocraft Industries (Rs 170 crore), Dynamatic Technologies (Rs 130 crore), J Kumar Infraprojects (Rs 130 crore), Carysil (Rs 130 crore), Himatsingka Seide (Rs 130 crore), and Ion Exchange India (Rs 130 crore).
As of the June 2025 quarter, Singhania's Abakkus Fund holds 19 stocks with a combined market value of Rs 2,690 crore, up from Rs 2,510 crore in the previous quarter, when the portfolio comprised over 22 stocks.
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